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U.S. Building Products Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies53
  • 7D0.5%
  • 3M-1.0%
  • 1Y2.5%
  • YTDn/a

The Building Products is pretty flat in the last 7 days, but Carrier Global has stood out, gaining 5.1%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Building Products Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026US$376.4bUS$163.6bUS$11.6b21.6x32.6x2.3x
Tue, 09 Dec 2025US$371.5bUS$163.6bUS$11.2b19.3x33x2.3x
Thu, 06 Nov 2025US$379.0bUS$157.4bUS$12.7b19.5x29.9x2.4x
Sat, 04 Oct 2025US$390.4bUS$160.9bUS$12.5b22.4x31.2x2.4x
Mon, 01 Sep 2025US$397.4bUS$160.7bUS$12.8b23.3x30.9x2.5x
Wed, 30 Jul 2025US$428.3bUS$162.5bUS$14.1b22x30.5x2.6x
Fri, 27 Jun 2025US$396.1bUS$163.5bUS$14.0b20.5x28.3x2.4x
Sun, 25 May 2025US$391.2bUS$163.4bUS$14.0b21.2x27.9x2.4x
Tue, 22 Apr 2025US$341.4bUS$162.7bUS$13.4b18.3x25.5x2.1x
Thu, 20 Mar 2025US$363.1bUS$162.7bUS$13.4b20.1x27.1x2.2x
Sat, 15 Feb 2025US$387.5bUS$162.1bUS$14.1b20.7x27.5x2.4x
Mon, 13 Jan 2025US$383.6bUS$163.6bUS$14.3b20.1x26.8x2.3x
Wed, 11 Dec 2024US$425.6bUS$162.3bUS$14.3b22.3x29.8x2.6x
Fri, 08 Nov 2024US$421.9bUS$162.0bUS$14.3b22.2x29.5x2.6x
Sun, 06 Oct 2024US$422.1bUS$164.3bUS$16.4b22.6x25.7x2.6x
Tue, 03 Sep 2024US$395.7bUS$164.3bUS$16.4b21.5x24.1x2.4x
Thu, 01 Aug 2024US$392.7bUS$164.4bUS$16.6b21.5x23.7x2.4x
Sat, 29 Jun 2024US$364.3bUS$162.7bUS$14.3b20.1x25.5x2.2x
Mon, 27 May 2024US$385.6bUS$163.8bUS$14.3b21.2x26.9x2.4x
Wed, 24 Apr 2024US$362.3bUS$165.2bUS$14.7b23x24.6x2.2x
Fri, 22 Mar 2024US$376.2bUS$166.7bUS$14.8b24.1x25.4x2.3x
Sun, 18 Feb 2024US$347.2bUS$168.2bUS$14.9b21x23.3x2.1x
Tue, 16 Jan 2024US$330.5bUS$175.3bUS$14.8b19.5x22.3x1.9x
Thu, 14 Dec 2023US$315.0bUS$175.4bUS$14.8b18.9x21.3x1.8x
Sat, 11 Nov 2023US$279.7bUS$175.4bUS$14.2b16.6x19.7x1.6x
Mon, 09 Oct 2023US$268.6bUS$171.9bUS$14.8b16.7x18.1x1.6x
Wed, 06 Sep 2023US$284.9bUS$171.9bUS$14.8b17.1x19.2x1.7x
Fri, 04 Aug 2023US$293.9bUS$172.1bUS$14.8b17.2x19.8x1.7x
Sun, 02 Jul 2023US$282.2bUS$174.0bUS$15.2b16.4x18.6x1.6x
Tue, 30 May 2023US$244.4bUS$174.0bUS$15.2b14.2x16.1x1.4x
Thu, 27 Apr 2023US$237.0bUS$176.1bUS$15.6b14x15.2x1.3x
Sat, 25 Mar 2023US$237.0bUS$175.5bUS$16.7b13.3x14.2x1.4x
Mon, 20 Feb 2023US$256.3bUS$175.6bUS$16.7b15x15.4x1.5x
Wed, 18 Jan 2023US$248.1bUS$176.3bUS$17.3b15.1x14.3x1.4x
Price to Earnings Ratio

14.3x


Total Market Cap: US$248.1bTotal Earnings: US$17.3bTotal Revenue: US$176.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Building Products Industry Price to Earnings3Y Average 24.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Building Products industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.9x which is higher than its 3-year average PE of 24.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Building Products industry have declined 13% per year over the last three years,
  • Revenues have also declined 2.5% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Building Products compare with similar industries?

US Market1.88%
Industrials3.40%
Building0.50%
Building Products0.50%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CARR Carrier GlobalUS$56.255.1%
+US$2.3b		-15.4%PE34.4x
BLDR Builders FirstSourceUS$124.6619.1%
+US$2.2b		-10.9%PE23.2x
CSL Carlisle CompaniesUS$354.938.1%
+US$1.1b		-3.8%PE19.2x
LII Lennox InternationalUS$530.236.3%
+US$1.1b		-13.1%PE22.1x
MAS MascoUS$69.327.5%
+US$1.0b		-3.9%PE17.4x

Latest News

CSL
US$354.93
Carlisle Companies
7D
8.1%
1Y
-3.8%
MAS
US$69.32
Masco
7D
7.5%
1Y
-3.9%

MAS: Share Repurchases And Stable Earnings Outlook Will Support Balanced Future Upside

Analysts have made a small upward adjustment to their Masco fair value estimate to reflect slightly higher modeled revenue growth and a modestly higher future P/E assumption. The updated target is now framed around US$74.37 per share compared with the prior US$74.26.
CARR
US$56.25
Carrier Global
7D
5.1%
1Y
-15.4%

CARR: Commercial HVAC Progress And Larger Buybacks Will Support Future Upside

Narrative Update Overview Analysts have trimmed their price target on Carrier Global by about $1 to roughly $71, reflecting slightly lower fair value estimates and modest adjustments to discount rate, revenue growth, profit margin, and future P/E assumptions after recent research updates, including a reduced $55 target from Morgan Stanley. Analyst Commentary Recent research on Carrier Global centers on updated earnings assumptions ahead of the next quarterly report, which has fed into a lower fair value range and a trimmed price target near US$55 from US$60.
TT
US$381.70
Trane Technologies
7D
-4.1%
1Y
1.2%

TT: AI Building Decarbonization And Data Center Cooling Will Support Future Upside

Analysts now see slightly less upside for Trane Technologies, trimming their fair value estimate from about US$482.28 to around US$479.91, citing updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Trane Technologies and Amazon reported results from an AI powered building decarbonization project using BrainBox AI and AWS.
BLDR
US$124.66
Builders FirstSource
7D
19.1%
1Y
-10.9%

BLDR: Lowered Margin Outlook And Cycle Trough Multiples Will Shape 2026 Rebound Potential

Narrative Update: Builders FirstSource The analyst price target for Builders FirstSource has moved lower, with the fair value estimate shifting from about $118 to roughly $103. Analysts are factoring in updated views on margin expectations, a higher discount rate, and valuation multiples, while also referencing stabilized margins, bottoming fundamentals, and recent Street targets of $143 and $138.
JCI
US$110.85
Johnson Controls International
7D
-9.4%
1Y
40.9%

JCI: Applied HVAC Cycle And AI Projects Will Support Future Upside

Analysts have nudged their fair value estimate for Johnson Controls International higher from US$130.00 to US$148.00, citing updated research that points to resilient applied HVAC demand, supportive artificial intelligence related orders, and recent price target raises across the Street. Analyst Commentary Recent Street research around Johnson Controls International has tilted more constructive, with several bullish analysts adjusting their fair value work higher and framing the recent share pullback as an opportunity rather than a signal of weakening fundamentals.
APOG
US$35.35
Apogee Enterprises
7D
-5.3%
1Y
-30.3%
BNC
US$5.27
CEA Industries
7D
-18.0%
1Y
-35.1%
LII
US$530.23
Lennox International
7D
6.3%
1Y
-13.1%

LII: Share Repurchases Will Drive Future Upside Despite Slightly Softer Outlook

Analysts have trimmed their price target for Lennox International slightly to reflect a fair value of about US$568.93, with the shift mainly tied to updated assumptions for revenue growth, profit margins, the discount rate, and future P/E multiples. What's in the News Lennox International is seeking bolt-on acquisition opportunities focused on strengthening distribution capabilities and broadening its product portfolio, with management highlighting a commitment to maintaining what it describes as healthy debt leverage across capital allocation decisions (company comments).
WMS
US$158.79
Advanced Drainage Systems
7D
6.1%
1Y
40.7%

WMS: End Market Outperformance And Price Cost Discipline Will Sustain Margin Resilience

Narrative Update on Advanced Drainage Systems We are lifting our analyst price target on Advanced Drainage Systems by about $1 to $173, reflecting incremental adjustments to our fair value and P/E assumptions in line with recent analyst research that cites stronger end market performance, solid FY26 EBITDA results, and upward price target revisions from multiple firms. Analyst Commentary Recent Street research on Advanced Drainage Systems has tilted constructive, with several bullish analysts lifting their price targets after reviewing the latest earnings and outlook.
FBIN
US$58.14
Fortune Brands Innovations
7D
14.1%
1Y
-15.7%

FBIN: High End Plumbing Strength Will Support Rebased Outlook

Analysts have trimmed their fair value estimate for Fortune Brands Innovations from US$83 to US$79, reflecting recent price target cuts and Hold ratings. These point to modestly weaker renovation-driven results, offset by relatively better performance in high-end plumbing and an updated view of growth, margins and P/E assumptions.
OC
US$122.41
Owens Corning
7D
7.2%
1Y
-27.0%
MOD
US$125.14
Modine Manufacturing
7D
-11.1%
1Y
5.3%

MOD: Data Center Expansion Will Support AI Demand And Drive Future Upside

Narrative Update on Modine Manufacturing Analysts have modestly raised their price target on Modine Manufacturing to approximately $183.00 per share, reflecting slightly higher discount rate and future price-to-earnings assumptions while maintaining robust revenue growth and profit margin expectations. What's in the News Opened a new 155,000-square-foot manufacturing facility in Franklin, Wisconsin, to expand Airedale by Modine data center cooling capacity as part of a multi-year $100 million investment program (Key Developments).
NCL
US$0.23
Northann
7D
-23.2%
1Y
-89.5%
ZWS
US$46.00
Zurn Elkay Water Solutions
7D
-1.8%
1Y
27.1%

ZWS: Tariff Pricing And Capital Returns Will Support Balanced Performance Ahead

The analyst price target for Zurn Elkay Water Solutions has inched higher to approximately $51.25 per share, with analysts pointing to stronger anticipated organic sales growth into 2026, ongoing tariff driven pricing tailwinds, and confidence in the company’s ability to deliver double digit earnings and cash flow growth, supported by its current valuation. Analyst Commentary Recent Street research reflects a generally constructive but balanced stance on Zurn Elkay, with multiple firms lifting price targets in response to the company’s Q3 performance and updated medium term growth outlook.
TGEN
US$4.76
Tecogen
7D
-10.9%
1Y
79.6%